US stocks are swerving through another shaky day of trading,with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day”.
The Australian sharemarket posted solid gains on Tuesday after the Reserve Bank’s rate decision,even as Donald Trump’s looming tariffs announcement sent stock markets swinging sharply worldwide.
Mining giants BHP,Rio Tinto and Fortescue all plunged,as investors worry about the hit to global growth from US Donald Trump’s escalating trade war.
The Australian sharemarket ended the day in positive territory on Friday,despite Wall Street’s benchmark index sliding lower in a rocky session overnight.
The Australian sharemarket has finished in the red as fresh tariffs on cars made outside America ended a brief reprieve from White House trade policy angst.
President Donald Trump’s erratic trade policies have shaken up the global economy and have many observers shaking their heads. This paper from someone in his inner circle might explain his thinking.
Better-than-expected local inflation numbers and bullish sentiment in the US have helped the Australian sharemarket keep moving in the right direction.
The Australian sharemarket gave up most of its early gains to close flat ahead of federal budget night,despite local tech stocks posting a solid session.
The company has collected DNA from saliva samples from more than 15 million customers around the world.
The Australian sharemarket has made a sedate start to the week,with investors in a cautious mood ahead of the US tariffs deadline,and mining giants down on subdued prices.